Tesco, Britain’s largest retailer, plans to make China a central part of an accelerated international expansion plan to fuel sales growth as its share of the domestic grocery market plateaus. Te…
Tesco, Britain’s largest retailer, plans to make China a central part of an accelerated international expansion plan to fuel sales growth as its share of the domestic grocery market plateaus. Te…
The total advertising expenditure for India will grow from INR21,602 crore (INR216 billion, USD4.86 billion) in 2009 to INR23, 632 crore (INR236 billion, USD5.32 billion) in 2010, a study by media age…
With support from the government, China’s suppliers are seen resorting to automation to maintain their output levels amid a challenging labour situation. Swimwear makers that produce their own f…
Tesco has recorded a 10.1 percent increase in underlying pre-tax profit to GBP3.4 billion (USD5.22 billion) in its full-year results, in line with analysts’ estimates. In Asia, profit is up 24 p…
The Future Group’s operations in eastern India anticipates 30-40 percent growth in sales this year across its various store formats such as Big Bazaar and Pantaloons, due to clear signs of econo…
Indian fast-moving consumer goods (FMCG) giants are increasingly on the look-out for acquisitions in developing countries in an effort to extend their global presence.
Even as FMCG major Godrej Consum…
Film entertainment company PVR Cinemas is planning to open 60 screens across India in 2010, planning an investment of close to INR120 crore (INR1.2 billion, USD27 million).
The company, which made a …
Australia’s furniture and electrical retailer Harvey Norman has reported a slowdown in sales growth for the third quarter as consumer spending fell back after last year’s fiscal stimulus-i…
Disruption of flights in Europe has hit gold shipments to India, the world’s top buyer of the precious metal, potentially pushing up local prices ahead of a gold-buying festival next month, trad…
Japanese consumer sentiment recovered in March to a level unseen in more than two years amid signs of improving employment conditions, the Japanese government said on Monday, upgrading its monthly ass…